‘Smart Money’ Wallets Are Unloading APE, Filling Up on aSTETH, Nansen Data Suggests
“Otherdeed for Otherside” NFTs have seen the most activity in the last 24 hours, according to the on-chain analytics firm. Original Source
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Bitcoin Halving Model Suggests $24,000 Bottom Before Year’s End
Some analysts say that Bitcoin’s current price action aligns with the Bitcoin halving model, leading them to expect a $24000 bottom before year-end. The topic of Bitcoin’s four-year halving cycle and its effects on BTC’s long-term price is one that has been highly debated within the crypto community. Related Reading | Tether
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Cardano (ADA) Real Volume Suggests Downtrend Is Far From Over
Cardano (ADA) has been one of the worst-hit cryptocurrencies in the market. The digital asset which had seen a high of $3.10 now lives on past glory as it is now trading below the $1 mark. This has been going on for a while which has convinced some investors that
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Bitcoin’s Derivative Data Suggests Potential for ‘Short Squeeze’
Most of these could be short positions, according to data tracked by Laevitas shows the funding rate – the cost of holding long/short perpetual futures positions – has been consistently neutral-to-negative in recent weeks. A negative funding rate means shorts are paying longs to keep the bearish position open. In
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Shiba Inu Bearish Now However This Pattern Suggests Otherwise
Shiba Inu had picked up momentum just a week back when it soared by 35% following the news of the Robinhood listing. The broader market currently exhibits weakness as Bitcoin continues to struggle beneath the $40,000 mark. Ethereum also was priced at $2900 at press time. The king altcoin was rejected
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Retail Interest in Bitcoin is Dwindling, Google Data Suggests
“Bitcoin has risen in price several times, with its investment threshold becoming higher for new users," explained Johnny Lyu, CEO of KuCoin, in a Telegram message. "But many new cryptocurrencies known as altcoins have appeared since, which, according to users, can be more attractive as investments." Original Source
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Analyst suggests swing trading Bitcoin is the best move as BTC price dips below $40K
Bitcoin (BTC) price flashed bullish for a brief moment, possibly tricking some traders into opening longs, before plunging back below $40,000 in evening trading hours. Let's take a quick look at what traders think about the current price action and whether or not today's brief break out was nothing more than
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Bitcoin SOPR Suggests Market Nowhere Near The Bottom
According to on-chain data, current Bitcoin SOPR trend suggests the market may be nowhere near the price bottom. Bitcoin SOPR Still Some Distance Above The “One” Level As pointed out by an analyst in a CryptoQuant post, the BTC SOPR hints there may be some ways to go still before a bottom
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Bitcoin hodlers targeting $100K is what’s preventing 40% price drawdown, data suggests
Bitcoin (BTC) dropping to $25,000 or lower is unlikely thanks to hodlers hoping for all-time highs, not speculative traders, new research says.In a series of tweets on April 19, popular analyst Root argued that there is “no real reason” for a dramatic Bitcoin sell-off.No major selling from "maturing" hodlersBitcoin has
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Ethereum Dev Says The Merge Could Be Delayed a Few Months, ‘Strongly Suggests’ Not Investing in ETH Mining Rigs – Bitcoin News
According to Ethereum developer Tim Beiko, The Merge is likely to be pushed to the third quarter of 2022. Despite the delay, Beiko also said he “strongly suggests not investing more in mining equipment at this point.” The Merge May be Delayed, Ethereum Hashrate Taps New ATH Four days ago, Bitcoin.com News
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